The Pearson Retirement Plan 401(K) — Form 5500 plan (Pearson Education Inc)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, The Pearson Retirement Plan 401(K) is a benefit plan reported by Pearson Education Inc under EIN 22-1603684 and plan number 002. The latest loaded filing year is 2023. The filing reports 19,135 participants and $2,271,435,898 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Pearson Education Inc
- EIN
- 22-1603684
- Plan number
- 002
- Plan type
- 2
- Location
- Hoboken, NJ
- Latest filing year
- 2023
- Participants
- 19,135
- End-of-year plan assets
- $2,271,435,898
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 19,135 | H, C | 20241014132434NAL0027382225001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,271,435,898
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,271,435,898
- Net assets (BOY)
- $2,106,793,265
Income & contributions
- Employer contributions
- $33,358,525
- Participant contributions
- $65,378,558
- Total contributions
- $104,555,958
- Total income / additions
- $468,201,861
Expenses & distributions
- Benefits paid
- $306,246,930
- Administrative expenses
- $2,003,921
- Total expenses
- $309,001,570
- Net increase / (decrease)
- $159,200,291
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Advisory Group, LLC | NONE | $1,246,043 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company | NONE | $478,754 | $0 | 2023 |
| Willis Towers Watson Us LLC | NONE | $109,964 | not reported in the loaded dataset | 2023 |
| Legacy Professionals Llp | NONE | $64,300 | not reported in the loaded dataset | 2023 |
| Segal Advisors Inc | NONE | $51,495 | not reported in the loaded dataset | 2023 |
| Ellenoff Grossman & Schole Llp | NONE | $44,890 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Pearson Education Inc
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Hoboken, NJ
- Empower Advisory Group, LLC — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation
- Willis Towers Watson Us LLC — Schedule C compensation
- Legacy Professionals Llp — Schedule C compensation
- Segal Advisors Inc — Schedule C compensation
- Ellenoff Grossman & Schole Llp — Schedule C compensation